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Why Aehr Test Systems Stock Is Soaring Today

·2 min read
Why Aehr Test Systems Stock Is Soaring Today
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Shares of Aehr Test Systems (NASDAQ: AEHR) were skyrocketing this morning after the company reported better-than-expected first-quarter fiscal 2022 results late yesterday. The company's bookings hit a new record, and management raised its revenue guidance for the full year as a result of the strong quarter. Aehr Test Systems reported net revenue of $5.6 million in the quarter, a 181% jump year over year.